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Profitability Analysis Tourist Hostels

Author

Listed:
  • Cristiana Tindeche

    (University of Agronomic Sciences and Veterinary Medicine Faculty of Management, Economic Engineering in Agriculture and Rural Development)

  • Romeo Catalin Cretu

    (University of Agronomic Sciences and Veterinary Medicine Faculty of Management, Economic Engineering in Agriculture and Rural Development)

Abstract

This study aims for a comparative analysis on the economic efficiency of the Confort Penssion located in a rural area and the Danacris Penssion from the urban area. The reason for choosing these two units is that the types of tourism they represent are significant areas of operation, namely leisure tourism ("Confort " Penssion) from Suceava area and business tourism ("Danacris" Penssion) from Bucharest. Based on the existing methodology in the specialized literature we computed specific indicators in order to highlight economic efficiency.Based on the analysis of the main financial standing indicators and the evolution of income and expenditure one may conclude that both companies are profitable.

Suggested Citation

  • Cristiana Tindeche & Romeo Catalin Cretu, 2015. "Profitability Analysis Tourist Hostels," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(43), pages 70-74.
    • Handle: RePEc:aio:aucsse:v:2:y:2015:i:43:p:70-74
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    File URL: http://feaa.ucv.ro/AUCSSE/0043v2-008.pdf
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    More about this item

    Keywords

    profitability; analysis; tourist hostels; economic efficiency; penssion;
    All these keywords.

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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